Citigroup to price 0.75% notes linked to bond ETF, Dow, Euro Stoxx

By Angela McDaniels

Tacoma, Wash., March 6 – Citigroup Global Markets Holdings Inc. plans to price 0.75% market-linked notes due Sept. 29, 2022 linked to a basket consisting of the Dow Jones industrial average with a 33.34% weight, the Euro Stoxx 50 index with a 33.33% weight and the iShares iBoxx $ High Yield Corporate Bond exchange-traded fund with a 33.33% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Citigroup Inc.

Interest will be payable semiannually.

If the average basket return is positive, the payout at maturity will be par plus 100% to 110% of the average basket return. The exact upside participation rate will be set at pricing. If the average basket return is zero or negative, the payout will be par.

The average basket return will be the average of the basket’s returns on the 24th day of each March, June, September and December during the term of the notes, beginning June 2017.

Citigroup Global Markets Inc. is the agent.

The notes will price March 24.

The Cusip number is 17324CG91.

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